Local Economic Development, the Social Economy and Community Engagement

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The Canadian CED Network
Michael Toye

Michael Toye, Executive Director of the Canadian Community Economic Development (CED) Network, delivered a presentation at the 2012 Federation of Canadian Municipalities (FCM) - International Local Economic Development Forum held in Ottawa from October 29th - November 2nd, which provided an overview of community economic development (CED), the Canadian CED Network, models of CED organizations and programs, demonstrated value of these models, and current trends and resources regarding theory and practice.

Summary of Presentation Contents

CED and the Social Economy in Canada: what they are and the contribution to LED

- What is Community Economic Development?
- Building Local Economies
- Community Resources for Community Benefit
- The Social Economy: the third pillar of a plural economy
- The CED – Social Economy Linkage
- The Embedded Economy
- Contributions to Socio-Economic Development

Significant Models

- Community Development Corporations
- Corporations de développement économique communautaire (CDÉC)
- Community Futures Development Corporations (CFDCs)/Community Business Development Corporations (CBDCs)
- Vibrant Communities
- Co-operatives
- Social Enterprise
- Community Investment Funds
- Training Businesses

Comparative Advantages (Demonstrated Impact through Evaluation and Social Return on Investment)

- Co-operatives
- Training Businesses
- Micro Loan Programs
- Employment Development

Trends and Resources for More Information

- The social economy as a strategy for resiliency and a ‘stabilizing force’ for the economy
- Growing appetite for ‘blended value’
- Concern about increasing inequality
- Municipal Leadership
- Tools and Events

Introduction to CED

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